I bought one last year for a system I put together for my 14 year old son, putting it on a Pioneer PL-12D turntable. It is a very good cartridge, especially, as you point out, for the money.
The new AT 440 MLa is supposed to be a very good cartridge as well, and available for not much more money (around $90) with a line contact stylus-that cartridge might take the strengths of the 120E and add a bit more refinement without moving too much away from the AT "house" sound, which from what I've read (and heard with the AT 120E) leans more toward the lively and exciting. I use a Denon 103R in my own setup and can't really justify spending much more on a cartridge.
The 120E is a real steal for $60.
The new AT 440 MLa is supposed to be a very good cartridge as well, and available for not much more money (around $90) with a line contact stylus-that cartridge might take the strengths of the 120E and add a bit more refinement without moving too much away from the AT "house" sound, which from what I've read (and heard with the AT 120E) leans more toward the lively and exciting. I use a Denon 103R in my own setup and can't really justify spending much more on a cartridge.
The 120E is a real steal for $60.